Did cocaine use by bankers cause the global financial crisis?

 



 

 

"Wall Street got drunk" was George W Bush's typically incisive take on the main cause of the emerging financial crisis in July 2008. Two years later the governor of the Bank of England, Mervyn King, explained in his Mansion House speech that "the role of a central bank in monetary policy is to take the punch bowl away just as the party gets going" (something that he admitted had not occurred). But perhaps the wrong intoxicant was being blamed. The controversial former drug tsar David Nutt told the Sunday Times this weekend that cocaine-using bankers with their "culture of excitement and drive and more and more and more ... got us into this terrible mess".

 

The financial crisis on 2008 under the government of George W Bush is one of biggest chaos remembering until now......All this crisis caused by cocaine addiction.

Is really impacting to know that people who take or make bigs or important desition take drugs to be "prepared" for being successful..it seems to me there is a fine line between the medical comment and practical results, because if we know drugs are not healthy other hand give "power" to make or reach goals fastly....this report shows the behavior the people experimenting, they loose control, they don't think in final consecuence, knowing of their desitions can make changing, in a financial way, this world.